Such schemes include Abe and Annie Seibel Foundation Loan, Children of U.S. Military who are Missing in Action or Prisoners of War (MIA/POWs) Exemption, Dr. Joseph Graham Fellowship for College Pro-Life Leaders, and Faye and Rendell Webb Scholarship. As many as 97% of the students at ABU get some sort of financial aid, and the total amount of assistance/loans provided is more than $931,667 in a year. At ABU, the total percentage of applicants who receive the Federal Grant stands at 56%. In comparison, 87% of the students are awarded the Student Grant, 54% get the Institution Grant, and 56% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,557. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At ABU, an estimated number of 79% of the applicants choose to go for student loans.